48. Trade and other payables

€ Million

2025

2024

Interest payable

56

29

VAT payable

56

51

Other

3

0

Total

115

80

Interest payable relates to the interest due at year-end on the interest-bearing liabilities. In 2025, interest payable increased due to the issuance of new green bonds with a nominal value of € 1,500 million.